"To cut rates as deeply as Republicans would like, they’d need to find $5.7 trillion in offsetting tax increases over the next decade," the report reads. "That means Camp would have to consider reducing or eliminating middle-class breaks for mortgage interest and charitable gifts. To simplify the system, he’d have to anger many an industry by doing away with their coveted breaks."

But, the reporters from Bloomberg say, Camp is just the man for the huge job because of his position in Congress, lack of 24-hour news cycle soundbites and his persuasive nature.

Bloomberg's report says Camp has been meeting one-on-one with colleagues, including every freshman Republican in the House, to persuade them to "come up with a deal that's short of a grand bargain but still ambitious."

When President Obama released his budget, Camp said the plan focused too much on increasing revenue, not cutting rates. In Fiscal Cliff discussions late last year, Camp also made the pitch that tax reform, not raising taxes, would be the way to create jobs and increase revenue.

Camp said comprehensive tax reform, which is supported by Republicans and Democrats in Congress, can help solve both the fiscal and jobs crisis in the country.